{"Slug":"house-25-ontario-ave-corio-vic-3214","CanonicalUrl":"https://realsearch.com.au/house-25-ontario-ave-corio-vic-3214","Address":"25 Ontario Ave, Corio, VIC, 3214","Suburb":"Corio","State":"VIC","Postcode":"3214","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"Set on a generous 702m² (approx.) allotment, this solid concrete home offers an outstanding opportunity for investors, developers, or buyers looking to secure a property with plenty of future potential.\n\n\nKnown for its durability and long-lasting construction, the home features three well-sized bedrooms, a central bathroom, and a comfortable living and kitchen area. A double car space provides secure parking and added convenience.\n\n\nCurrently tenanted on a periodic lease at $300 per week, the property provides immediate rental income with the flexibility to increase the rent, move in, renovate, or explore future development opportunities (STCA).\n\n\nWith a rental appraisal of $420 – $440 per week, this property presents strong potential to improve returns. Additionally, plans and permits were previously issued on 22/03/2022 (buyers should conduct their own due diligence regarding current validity).\n\n\nWhether you are looking to invest, landbank, develop, or create your ideal home, this property offers incredible flexibility in a growing Corio location.\n\n\nKey Features\n\n- 3 spacious bedrooms\n\n- Central bathroom\n\n- Solid concrete home built to last\n\n- Comfortable living and functional kitchen area\n\n- Double car space\n\n- Generous 702m² (approx.) block\n\n- Currently leased at $300 per week (periodic lease)\n\n- Opportunity to increase rental return\n\n- Rental appraisal: $420 – $440 per week\n\n- Potential development opportunity (STCA)\n\n\nDue diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.\n\n\nDisclaimer: All stated dimensions in the content and photos are approximate only.\n\n\nNote: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$579,000 - $629,000 Plans Permit Approved x4 Units"},"Bedrooms":"3","Bathrooms":"1","Parking":"2","Features":[{"Name":"Bedrooms","Value":"3"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-38.08026185,"Longitude":144.35962092,"Agent":null,"Agency":{"Name":"Area Specialist Geelong City - GEELONG","CanonicalUrl":"https://realsearch.com.au/area-specialist-geelong-city-geelong"},"CreatedAt":"2026-03-16T12:36:30.8167789","UpdatedAt":"2026-03-17T10:35:37.1341956"}